Lodha Developers Ltd, formerly known as Macrotech Developers Ltd, has received a favorable ruling from the Supreme Court, allowing the company to recover the entire amount of ₹520.80 crore it had deposited as security in the V Hotels Ltd case. The amount will be returned to Lodha Developers along with accumulated interest, reaffirming the company’s legitimate interest in V Hotels’ assets. This ruling also means that the Enforcement Directorate will no longer have any claim or lien over V Hotels’ properties.
This development is in line with the update issued by Lodha Developers on July 2, 2025, and is a significant positive outcome for the company. In other news, Lodha Developers reported a strong financial performance in the second quarter of FY26, with consolidated net profit surging 87% to ₹789.8 crore. Total income also saw significant growth, rising to ₹3,878.7 crore during the July-September period, compared to ₹2,684.6 crore in the same quarter of the previous year.
The company’s pre-sales reached a record high of ₹4,570 crore, marking a 7% year-on-year rise. Revenue from operations increased 45% to ₹3,800 crore, while adjusted EBITDA rose 37% year-on-year to ₹1,310 crore, supported by a healthy margin of 34.4%. The strong financial performance is attributed to higher income and operating efficiencies.
Overall, the Supreme Court’s ruling and the company’s strong financial performance are significant positives for Lodha Developers, and are expected to have a positive impact on the company’s future growth and development. The return of the deposited amount, along with interest, will provide a boost to the company’s liquidity and financial position, enabling it to pursue new opportunities and investments. With its strong financial performance and favorable court ruling, Lodha Developers is well-positioned for future success.